Canada’s Oil Sands Run Red
You probably don’t need me to tell you that selling a controlling stake in this country’s largest energy resource to a foreign dictatorship is not really a good plan. We don’t even trust our own government with that kind of thing. I honestly thought we had a chance on this one. I guess the Harper regime’s shortsightedness is even greater than I thought possible. Remember that in 2015, everyone.
Anyhow, to mark the occasion, let me venture a guess. Today the Globe & Mail’s editorial labelled the Chinese government’s totalitarianism a “preposterous” attack on basic liberties. Some time within the next 72 hours, the very same editor will label the Chinese government’s acquisition of vital Canadian natural resources a sound investment decision that paves the way to Canada’s bright and glorious future.
Go ahead Globe and Mail. Prove me wrong.
Incidentally, their reporters were already excited. One of them hopes that as a reward for this deal, the Chinese will let a Canadian bank purchase a 20% minority stake in a Chinese bank. It’s 20%, because under Chinese law, no foreign company can hold more than a 20% stake in a Chinese bank. Interesting, isn’t it?
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saskboy
Financial Post is about to wet itself in ecstasy. I don’t want to watch, that’s for sure.
MoS
One thing is for sure now. The Chinese will expect Harper to quell British Columbians to ram the Northern Gateway down our throats. The gloves are off. From here on in it will get very ugly; We’ll see how far Harper is willing to go and how far the rest of Canada will permit him to go to subdue us.
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Another Week of GW News, December 9, 2012 – A Few Things Ill Considered
[...] 2012/12/07: SixthEstate: Canada’s Oil Sands Run Red You probably don’t need me to tell you that selling a controlling stake in this country’s largest energy resource to a foreign dictatorship is not really a good plan. We don’t even trust our own government with that kind of thing. [...]